中国红包2025 中期报告

GEM GEM GEMGEMGEM GEM 20259302024 2025930 1. 2014715222004Windward 3, Regatta Office Park, PO Box1350, Grand Cayman KY1-1108, Cayman Islands51A91–3GEMO2O 2. 202593034GEM2025331 2025930 202541 2025331 3. 2025930O2O —— 15 4. 5. 6. 7. 28.25%216.5%16.5% 20259302024 25%10% 2025930396,0002024 8. 20252024930 9. 20259302024 10. 202593011,00020246,000 11. (a) 20259302025331 4,00020253314,0005%10%20253315%10%12 9 (b)20259302025331 (a) 30 20253182,200,0002,200,000202593020253312,200,000 (b)20259302025331 13. (a)2025331 (b)20259302025331 14. 15. (a)20253311212%30 202599322.4(i)2025318200,000(ii)20253272.02.4202599 (b)202593014,375,000202533114,375,0002025331 16. (a)202573020257302,000,000,00010,000,0001,000,000,00030,000,0003,000,000,0002025782025730 (b)2024731A908,066,000A20244242024731 A2024424AA41,666,0000.12AA4,999,920A5,000,00080202533141,666,0002024731 (c)202534B953,376,000B2025115202534 B2025115BB45,310,0000.203B9,198,000B10,000,000802,000202533145,310,000202534 17. 20252024930 20252024930 18. 202492310,0002024930 19. 20251024 102025930 202493025.123.820259301.3202533120259301.31520249302.920259309.3 20261202593202510242025116 20227O2O2025O2O202593046.120248.810.020245.1 202593047.4202493033.913.539.9%20249308.837.3425.4%202593046.1 202493025.123.894.7%20259301.32025930 202493025.915.358.9%202593041.22025930 20259 306.320248.013.2%202423.6% 2024930126,000103,00081.7%202593023,0002025930202491,000 20259306.020245.5258,000211,00070,000 202493011.91.714.2%202593013.63.22.0 2024930636,0002025930667,0002025930114,0002024 20249304.610.2220.6%202593014.8 GEM— 20259300.7520253310.78 202593031.1202533136.8 2025930202533119.719.4 GEM 2023116828,050,0002023313(b)38,350,000 2023313866,400,0002024731(c)41,666,000 20253420253312025930 (a)2023152023116(b)20232272023313(c)20244242024731(d)2025115202534 GEM10,0002,000202371720236262023719 202573020257302,000,000,00010,000,0001,000,000,00030,000,0003,000,000,0002025782025730 20259309.5953,376,0000.01 20259302024 2025930 2025930 2025930 2025930 2025930 2025930 20259303120253315920259305.4202493014.9 2025930 2025930XVXV78352GEM5.485.67 2025930XVXV78352GEM5.485.67 2025930——XV233365% 201576202541202593020254180,000,000 2025752025930 2025930 GEM5.485.672025930 20259302025930 GEMC1202593022025625D.2.5 201576 GEM5.28 2025930GEM 20251127 GEM 2015810GEM5710.01201576GEM%